Consensus Estimates and Trading Data for Sanderson Farms, Inc. (SAFM)

In the past 52-week period, shares of Sanderson Farms, Inc. (NASDAQ:SAFM) have moved within the range of $83.78 to $176.43. On the stock’s most recent trading day, the company’s shares ended the regular session at $145.85, which is 17.33% lower than its 52-week high.

Sanderson Farms, Inc. (SAFM) has demonstrated a 20-day simple moving average (SMA) of -12.31%, and a 50-day SMA of -6.90%. This public company’s current market capitalization stands at $3.34 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Checking the amount of enthusiasm that Wall Street analysts hold for a particular stock is crucial when thinking about entering a position. According to the latest data, the consensus recommendation for Sanderson Farms, Inc. (SAFM) is Hold.

Public companies normally post earnings and revenue results that fall somewhat above or below the average Wall Street estimate. In the most recent quarterly financial report, for the quarter ending Jul. 2017, Sanderson Farms, Inc. (SAFM) delivered a 2.23% surprise with its net revenue. Sales reached $0.93 billion during the three-month period, compared to the average analyst estimate of $0.91 billion.

Meanwhile, during the same quarter Sanderson Farms, Inc. (SAFM) delivered a 13.45% earnings surprise. Net earnings for the quarter were posted at $5.09 per share, whereas Wall Street had forecast $4.49 per share.

Ownership at Sanderson Farms, Inc. (SAFM), According to Most Recent SEC Filings

A publicly-traded organization’s latest 13F filings tell us important details about its institutional ownership. Sanderson Farms, Inc. (SAFM) has 0 billion shares outstanding currently, 102.44% of which belong to institutional investors. Those institutional holdings amount to $3.91 billion.

Additionally, according to the most recent 13F filing from Sanderson Farms, Inc. (SAFM), there were 56 new positions totaling 715,500 shares of the company’s stock. There were 47 sold out positions, on the other hand, totaling 375,042 shares.

Short, Medium and Long Term Indicators

Assessing the average trade volume of a public company’s stock in the short, medium and long term is helpful to gain an understanding of trading activity and investor sentiment. Sanderson Farms, Inc. (SAFM) has had a 20-day average volume of 548,440 shares, with an average of 60% of short term indicators pointed at Sell.

The stock’s 50-day average volume has been 535,474 shares, with an average of 25% of medium term indicators pointing toward Sell. Finally, its 100-day average volume is 524,038 shares with 0% of long-term indicators pointing to Hold.